According to a press release of 21 July 2016 of the state Russian Agency for Export Credit and Investment Insurance (EXIAR), it has signed with Sberbank Russia a contract for the insurance of a credit for the purchase of Russian oil tankers by Malta. The EXIAR-supported credit deal is at the amount of 24.4 million USD.The GTA includes state guarantees and other financial incentives that are likely to affect the restructuring and performance of firms facing international competition, whether from imports, in export markets, and from foreign subsidiaries.